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Bill > H1827
MA H1827
MA H1827Supporting municipal fiscal stability through a special education stabilization fund
summary
Introduced
01/22/2019
01/22/2019
In Committee
12/11/2019
12/11/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to authorize school districts to establish reserve funds for certain special education and transportation costs. Municipalities and Regional Government.
AI Summary
This bill authorizes school districts in Massachusetts to establish reserve funds for certain special education and transportation costs. The bill allows school districts to set aside up to 2% of their annual net school spending in a special education stabilization fund, which can be used to pay for unanticipated or unbudgeted special education expenses without further appropriation. The fund can be invested, and any interest earned is added to the fund. For regional school districts, funds can only be added to the special education stabilization fund through the annual budget process, which must be approved by the majority of the member communities.
Committee Categories
Government Affairs
Sponsors (14)
Jim Arciero (D),
Bill Galvin (D),
Colleen Garry (D),
Rich Haggerty (D),
Jim Hawkins (D),
Stephen Hay (D),
Chris Hendricks (D),
Rady Mom (D),
Dave Muradian (R),
Dave Robertson (D),
John Rogers (D),
Angelo Scaccia (D),
Tom Stanley (D),
Steve Ultrino (D),
Last Action
Committee reported that the matter be placed in the Orders of the Day for the next sitting for a second reading (on 01/13/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H1827 |
| Bill | https://malegislature.gov/Bills/191/H1827.pdf |
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